Manager/Senior Manager - Enterprise Risk - Mutual Fund

Job Description:

Designation : Manager/ Sr. Manager - Risk Management Department Risk Management.

Location : Mumbai Sub- Department NA

PURPOSE OF THE ROLE :

The role holder will be part of the Risk Management team where they will identify potential threats and create plans to prevent and mitigate problems. In this role, one should be highly perceptive and methodical, should have the ability to communicate effectively. Support the CRO to ensure that the company secures its reputation and profitability by controlling risk.

KEY RESPONSIBILITIES AND ACCOUNTABILITIES OF THE ROLE :

The person will be responsible for:

Enterprise risk Management :

- Development, implementation & monitoring of enterprise- wide risk management and internal control framework basis 3 line of defense governance structure.

- Frame Policies & Processes for various elements of Risk at enterprise Level.

- Internal Control Framework - process level & entity level controls (PLC & ELC)

- Risk and Control Self-Assessment (RCSA) across organisation and reporting the updated heat map to RMCE & RMCB.

- Monitor Operational Risk, review incidents or operational losses, conduct root cause analysis, and take up for process/ control enhancements.

- Supporting functional CXOs and CRO in the development, deployment and operation of the Operational Risk Management policy and procedure.

- Assisting in review of policies and process with function owners

- Preparing agenda and minutes for various committees like Risk Management Committee of Executive & Board, etc.

Internal Audit :

- Ensure comprehensive, latest and risk based internal audit scope. Appointment / reappointment of auditors etc, on time by the Board & Audit Committee.

- Ensure reports are closed on time along with previous ATRs

- Preparing Internal Audit scope and Audit calendar for Mutual Fund and AMC

KNOWLEDGE, EXPERIENCE, SKILLS AND ABILITIES :

Educational Qualification - MBA /CFA / CA / FRM.

Technical & Professional Knowledge required (What someone NEEDS TO KNOW)

- Well versed with various enterprise- wide risk tools & methodologies across the investment life cycle.

- Experience in risk function of AMC, Banks & insurance companies.

- Reporting and Data analytical skills,

- Market knowledge

- Mutual Fund operational knowledge and SEBI Mutual Fund regulations

And Experience Required :

(What someone NEEDS TO HAVE DONE)

- 7+ years in Risk Management of Mutual Funds or Financial sector

Essential Competencies for the role:

(Competencies that need to be demonstrated or how they NEED TO BEHAVE)

- Candidate must have good knowledge of Mutual Fund and must possess good communication, presentation, and interpersonal skills.

- Analytical and problem-solving skills

- Eye for detail

Personal Attributes required (Personal qualities, motivations, and preferences likely to enhance performance in the role) - Communication, Problem Solving, Conflict Management, sound judgement